India, which has a short-term electricity trading deal with Nepal, is investing billions of dollars in infrastructure including hydropower plants, as New Delhi looks to grow its influence among its smaller neighbours, where China is also increasingly active. Indian Prime Minister Narendra Modi and his Nepali counterpart Pushpa Kamal Dahal agreed to the long-term power trade agreement last year which, officials said, would be key to attracting investment in Nepals hydroelectric sector.
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Nepal, India sign long-term power agreement- The New Indian Express newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.
Kathmandu: Nepal on Thursday signed a long-term agreement for the export of 10,000 MW power to India, an MoU for cooperation in renewable energy, and jointly inaugurated three cross-border transmission lines during the two-day visit of the External Affairs Minister S Jaishankar to the Himalayan nation.
The agreement on power export that will facilitate the export of 10,000 MW of electricity
The relationship between Nepal and India transcends formal documents and diplomatic agreements, as it is characterised by a deep-rooted bond that defies political boundaries and legal definitions